Total monthly cost of ownership
Cost to Own a Home in Loveland, Colorado
A $453,000 home here costs
$3,360per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $144,000 a year.
A standard mortgage calculator would have told you $2,489. The real number is $871 higher every month, 35% more than the payment most buyers budget for.
Compare Larimer County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Loveland against Larimer County and Colorado
| Measure | Loveland | Larimer County |
|---|---|---|
| Median home value | $453,100 | $532,200 |
| Median property tax | $2,137 | $2,662 |
| Effective tax rate | 0.472% | 0.500% |
| Median gross rent | $1,683 | $1,677 |
| Population | 77,350 | 363,561 |
The weather behind that power bill
Loveland sits in Larimer County, which averages a high of 74.3°F in its hottest month and a low of 10.0°F in its coldest, with 20.57" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 6 cooling and 10,054 heating degree days, which is what sets the $116 electricity line above.
See the full climate breakdown for Larimer County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Larimer County
Full Larimer County cost breakdown · Every county in Colorado
Talk to someone who works this market
These are Loveland averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Loveland every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Loveland I already own here and may sell
Common questions
How much does it cost to own a home in Loveland?
A $453,000 home in Loveland, Colorado costs approximately $3,360 per month with 20% down at 7.32%. That is $2,489 principal and interest, $178 property tax, $131 homeowners insurance, $184 utilities and $378 set aside for maintenance.
What is the property tax rate in Loveland?
Loveland has an effective property tax rate of 0.472%, based on a median home value of $453,100 and median real estate taxes of $2,137. That is lower than the Larimer County average of 0.500%.
What is the average home price in Loveland?
The median owner-occupied home value in Loveland, Colorado is $453,100, against $532,200 across Larimer County.
Is it cheaper to rent or buy in Loveland?
Median gross rent in Loveland is $1,683 a month, against $3,360 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Loveland?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Loveland, Colorado at today's rate takes a household income of roughly $144,000 a year. That covers the full $3,360 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Loveland, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Colorado.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.